Skip to main content

Miscellaneous

Mammoth Car Wash

4420 Aidan Ln, North Port, FL 34287

Listing Price: $4,298,912

Cap Rate
5.00%
Tenant Name
Mammoth Holdings, LLC
Years Remaining On Lease
19.8
Guarantor
Corporate Guarantee
Rentable SF
4,550
Lease Type
Absolute Net
Rent Per Square Feet
$47.24

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for the Mammoth Car Wash located at 4420 Aidan Lane in North Port, FL. The site consists of 4,550 total square feet of building space and sits on 1.14 acres of land. The site will be subject to a 20-year sale-leaseback with Mammoth Holdings, LLC. The lease will call for 1.50% annual rental escalations during the base term and throughout the four, five-year renewal option periods.

Investment Highlights

  • A 20-Year Triple-Net (NNN) Lease : At Closing the Tenant will Execute A Brand New 20-Year Absolute Triple-Net Lease | Lease will Have No Landlord Responsibilities
  • Corporate Guarantee: The Lease will be subject to a Corporate Guarantee by Mammoth Holdings, LLC (99-Unit Operator)
  • Accelerated Depreciation: The Properties Qualify for 15-Year Accelerated Depreciation as well as Bonus Depreciation

Exclusively Listed By

Broker of Record

  • Ryan Nee

    Senior Vice President/ Division Manager

    (954) 245-3400

    License(s) FL: BK3154667

    Florida

Miscellaneous

Mammoth Car Wash

Listing Price: $4,298,912

Cap Rate
5.00%
Tenant Name
Mammoth Holdings, LLC
Years Remaining On Lease
19.8
Guarantor
Corporate Guarantee
Rentable SF
4,550
Lease Type
Absolute Net
Rent Per Square Feet
$47.24

Investment Highlights

  • A 20-Year Triple-Net (NNN) Lease : At Closing the Tenant will Execute A Brand New 20-Year Absolute Triple-Net Lease | Lease will Have No Landlord Responsibilities
  • Corporate Guarantee: The Lease will be subject to a Corporate Guarantee by Mammoth Holdings, LLC (99-Unit Operator)
  • Accelerated Depreciation: The Properties Qualify for 15-Year Accelerated Depreciation as well as Bonus Depreciation

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for the Mammoth Car Wash located at 4420 Aidan Lane in North Port, FL. The site consists of 4,550 total square feet of building space and sits on 1.14 acres of land. The site will be subject to a 20-year sale-leaseback with Mammoth Holdings, LLC. The lease will call for 1.50% annual rental escalations during the base term and throughout the four, five-year renewal option periods.

Exclusively Listed By

Broker of Record

  • Ryan Nee

    Senior Vice President/ Division Manager

    (954) 245-3400

    License(s): FL: BK3154667

    Florida

MM Texture Background
MM Textured Background Lower